Is U.S. Bancorp Stock Undervalued?

U.S. Bancorp’s stock has gained approximately 1% YTD as compared to the 3% drop in the S&P500 index over the same period. Further, at its current price of $57 per share, it is trading 13% below its fair value of $66 – Trefis’ estimate for U.S. Bancorp’s valuation. The bank posted weak results in...